Common use of Payment of Basic Rent Clause in Contracts

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 40 contracts

Samples: Lease Agreement (Convergys Corp), Lease Agreement (Healthsouth Corp), Lease Agreement (United Therapeutics Corp)

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Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeeLessor, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 11 contracts

Samples: Lease, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Corning Inc /Ny), Lease Agreement (Regeneron Pharmaceuticals, Inc.), Lease and Remedies Agreement (Regeneron Pharmaceuticals, Inc.)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereofof Basic Rent, without setoff, deduction or reduction.

Appears in 10 contracts

Samples: Lease Agreement (Tech Data Corp), Lease Agreement (Tech Data Corp), Lease Agreement (Healthsouth Corp)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction, whether or not the Lessee's quiet possession of the Property is disturbed.

Appears in 6 contracts

Samples: Master Lease, Master Lease (Yahoo Inc), Master Lease (Peoplesoft Inc)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 3 contracts

Samples: Lease and Open End Mortgage (Fore Systems Inc /De/), Lease (Kansas City Power & Light Co), Lease (Kansas City Power & Light Co)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeeLessor, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction; provided, however, that this requirement shall not require or be construed to require any gross-up or any payment on an After Tax Basis.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement (Norfolk Southern Corp)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to the Lessor or its designee, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 2 contracts

Samples: Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc), Lease, Deed of Trust and Security Agreement (Silicon Laboratories Inc)

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Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe --------------------- Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction, whether or not the Lessee's quiet possession of the Property is disturbed.

Appears in 2 contracts

Samples: Master Lease (Bea Systems Inc), Master Lease (Asyst Technologies Inc /Ca/)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoffset-off, deduction or reduction.

Appears in 1 contract

Samples: Deed of Lease Agreement (Lci International Inc /Va/)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Master Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 1 contract

Samples: Master Lease and Open End Mortgages (Electronics for Imaging Inc)

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